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Notícias

Agosto 2005

    Sybase firma el acuerdo para comprar Extended Systems (inglés)

    Extended Systems Incorporated (NASDAQ: XTND), a leading provider of mobile software solutions, announced today that it has signed a definitive agreement with Sybase (NYSE: SY) pursuant to which Sybase will acquire Extended Systems. The proposed acquisition is a cash merger with a total diluted equity price of approximately $71.3 million, or $4.460847 per share. The transaction, which is subject to regulatory approval, Extended Systems’ stockholder approval and other specified closing conditions, is expected to close in the fourth quarter of 2005. Following the closing of the transaction, Sybase intends to integrate Extended Systems into Sybase’s iAnywhere Solutions subsidiary.

    Founded in 1984, Extended Systems brings to Sybase patented technology, approximately 2,500 enterprise customers worldwide, and a very strong presence in Europe. Extended Systems is headquartered in Boise, Idaho, with 180 employees in North America and Europe.

    “The acquisition of Extended Systems is expected to enhance our portfolio of mobile middleware solutions and strengthen our geographic presence, particularly in Europe,” said Sybase’s Chairman, President, and CEO John Chen. “This acquisition will position Sybase with a powerful end-to-end information mobility offering that, when combined with our industry leading mobile database and mobile device management products, will enable Sybase to be in a great position to deliver on the benefits of the Unwired Enterprise.”

    “Extended Systems shares the Sybase vision of the Unwired Enterprise, and holds the same commitment to giving mobile users throughout the globe a true information edge,” said Charles W. Jepson, president and CEO, Extended Systems. “By combining our powerful technologies and global channels, Fortune 500 customers worldwide will benefit from our continued innovation in mobile information management.”

    WR Hambrecht + Co acted as exclusive financial advisor to Extended Systems Incorporated on this transaction.